What is cyber security?
Cyber security is the state or process of protecting and recovering computer systems, networks, devices, and programs from any type of cyber attack. Cyber attacks are an increasingly sophisticated and evolving danger to your sensitive data, as attackers employ new methods powered by social engineering and artificial intelligence to circumvent traditional security controls.
The fact of the matter is the world is increasingly reliant on technology and this reliance will continue as we introduce the next generation of smart Internet-enabled devices that have access to our networks via Bluetooth and Wi-Fi.
Why is Cyber security Important?
From newsworthy data breaches to reports of ransomware payments, cyber security threats for businesses are on the rise.
Hackers, whether they’re external or internal actors, steal money and information and disrupt operations. Data breaches, hacks, and ransomware can have devastating effects on small and medium-sized businesses, often causing loss of reputation, clients, and revenue, ultimately forcing the company to close.
As computer networks and infrastructures become increasingly complex and more vulnerable to physical and internet-based attacks, cyber crime becomes harder to police—making prevention the best way to stop a cyber attack.
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How to protect your organization against cyber crime?
There are three simple steps you can take you increase security and reduce risk of cyber crime:
Educate all levels of your organization about the risks of social engineering and common social engineering scams like phishing emails and typo squatting
Invest in tools that limit information loss, monitor your third-party risk and fourth-party vendor risk and continuously scan for data exposure and leak credentials
Use technology to reduce costs like automatically sending out vendor assessment questionnaires as part of an overall cyber security risk assessment strategy
Companies should no longer be asking why is cyber security important, but how can I ensure my organization's cyber security practices are sufficient to comply with GDPR and other regulation and to protect my business against sophisticated cyber attacks.